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Rail News: Rail Industry Trends
11/4/2010
Rail News: Rail Industry Trends
Value of goods moving between NAFTA partners escalated in August, BTS says
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In August, the value of trade moved by surface transportation modes between the United States and Canada and Mexico reached $68 billion, up 25.3 percent compared with August 2009 data, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
The value of freight moved between the United States and Canada via rail, truck and pipeline totaled $39.9 billion, up 21.1 percent. Railed imports were valued at $7.5 billion, up 39.8 percent, and railed exports were valued at $3.8 billion, up 25.1 percent, according to BTS data.
The value of freight moved between the United States and Mexico via surface transportation modes totaled $28.1 billion, up 31.7 percent year over year. Railed import value shot up 49 percent to $2.6 billion and railed export value ballooned 30.3 percent to $1.7 billion.
The value of freight moved between the United States and Canada via rail, truck and pipeline totaled $39.9 billion, up 21.1 percent. Railed imports were valued at $7.5 billion, up 39.8 percent, and railed exports were valued at $3.8 billion, up 25.1 percent, according to BTS data.
The value of freight moved between the United States and Mexico via surface transportation modes totaled $28.1 billion, up 31.7 percent year over year. Railed import value shot up 49 percent to $2.6 billion and railed export value ballooned 30.3 percent to $1.7 billion.
